Saskatoon Real Estate News July 16, 2015

Saskatoon real estate market update for June 2015

The June 2015 Saskatoon real estate market sales has decreased from 2014 where 527 houses for sale in Saskatoon sold. This year we saw a market decrease with 463 houses in Saskatoon selling for the month of June.

The average home price in Saskatoon did see significant changes from last year with the average house price at $360,550 for 2015. This is down 0.3% from last year’s $361,719 in June.

Currently, the average time to sell a house in Saskatoon has decreased from May’s 45 days to 42 days.

By the end of June, homebuyers in Saskatoon had 2,005 homes to choose from with 739 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has increased with 1,027 new house listings in Saskatoon in 2015 while in 2014 we saw 907 new units placed on the market, signifying an increase of 13.2%.

If you are looking for a qualified and experienced Saskatoon real estate agent, contact me for more information or to set up a meeting to discuss the current market and all your real estate needs.

 

Kari Calder

Saskatoon Real Estate Agent

Century 21 Fusion

kari@saskatoonrealestate.net